SiriusXM Extends Its Loan Repayment Deadline
SiriusXM and its lenders have agreed on an amendment to the satellite broadcaster’s existing credit agreement that pushes the window on its existing debt down the road, while increasing maximum borrowing capacity by another $250 million.
Shares of iHeartMedia Surge As CEO Snaps Up Shares
What's driving the surge in iHeartMedia shares to a price last seen seven months ago? Perhaps a sizable stock purchase acquisition made by Bob Pittman sparked "IHRT."
Scripps Signs With U.S. Bank To Issue New 2030 Notes
The E.W. Scripps Co. has entered into an indenture with U.S. Bank that will see the broadcast TV station ownership group issue $750 million aggregate principal amount of new 9.875% senior secured second lien notes due 2030.
Beasley Poised To Close Out Q2 Earnings Season
The company presenting itself as Beasley Media Group has announced when it will release its second quarter fiscal report card, and subsequently host an earnings call for analysts and investors featuring its CEO and CFO.
Ahead Of Its Q2 Reveal, Nexstar Board OKs Dividend
Nexstar Media Group is putting the final preparations on its second quarter earnings results, scheduled for a Thursday morning release. Ahead of the Q2 fiscal report card and the company's conference call for shareholders and analysts, Nexstar's board declared a quarterly cash dividend.
Three Radio Station Ownership Groups Confirm Q2 Plans
We now know when the financial results for the three-month period ending June 30 will be released from iHeartMedia, Cumulus Media and Entravision Communications.
Gray Media Gets Another Upsizing As It Prices 2023 Notes
Gray Media late Tuesday revealed the pricing of its previously announced private offering of $775 million aggregate principal amount of 7.250% senior secured first lien notes due 2033.
Gray Announces Closing of 2032 Notes
Gray Media has completed its previously announced offering of $900 million aggregate principal amount of 9.625% senior secured second lien notes due 2032. The Notes were issued at par.
Gray Media Finalizes Its Q2 Earnings Reveal Plans
With a preview of its second quarter earnings exciting investors and one top Wall Street analyst, Gray Media has now shared when it will distribute and discuss its official Q2 2025 report.
Nexstar Selects Its Q2 2025 Earnings Release Date
The nation's largest broadcast television station ownership group, which also owns the NewsNation cable TV enterprise and WGN Radio, has announced when it will release and discuss its second quarter financial results for 2025.
Nexstar Shareholders Back Board, Auditor With Broad Approval
Nexstar Media Group cruised through its 2025 annual meeting with overwhelming shareholder support for board elections, executive compensation, and auditor ratification, as investors signaled continued confidence in the company’s leadership.
Corus Selects Its Fiscal Q3 Earnings Release Date
With John Gossling now the company’s sole Chief Executive Officer and interim CFO, all eyes will be on him in one week, when Corus Entertainment Inc. reveals its fiscal Q3 2025 results.
Spotify: A $900 Per Share Audio Giant?
As the 2pm hour arrived on Tuesday, Salem Media Group, Cumulus Media and Canada's Corus were each trading at values under $1 per share. At the same time, Spotify shares were trading at $718.20 — up by roughly $200 per share since April 8. There's much more growth to come, says Pivotal Research Group.
Sinclair Shareholders OKs Board Members, PwC Choice
Broadcast TV station ownership group Sinclair Inc., also the parent of Dielectric and a key leader in the push toward ATSC 3.0 digital broadcast transition, has won shareholder approval for not only its entire slate of board members, but three other key business items.
Saga Okays Quarterly Dividend After Beating The Analysts
Despite a mostly flat financial performance to start 2025, Saga Communications has declared a quarterly cash dividend from the company's existing cash reserves. The Chris-Forgy-led broadcaster is also weighing a stock buyback through the remainder of the year.